If you're a first-time applicant, you don't need a medical examination/body check. Answer three simple health questions online, and you could receive your underwriting results in as fast as one minute. However, if you wish to increase your coverage amount, a medical examination may be required depending on the desired sum assured.
Learn More👇🏻
Bowtie treats any increase in life insurance coverage as a new policy. When the original coverage amount, combined with the requested increase, exceeds the standard maximum coverage (see table below), the insured person will need to undergo financial underwriting and a medical examination. Currently, Bowtie Life Insurance customers can increase their coverage up to a maximum of HK$20 million.
| Age of Insured Person | Maximum Standard Amount of Sum Insured |
|---|---|
| 18 – 45 years old | HK$ 8,000,000 |
| 46 – 55 years old | HK$ 4,000,000 |
| 56 – 60 years old | HK$ 3,500,000 |
| 61 – 65 years old | HK$ 1,000,000 |